Those who followed this advice years back are glad they did. I know many still doubted just like we have in this present era. Buying the dip is just a candid advice in the Bitcoin investment cycle no matter how the price keeps falling. The next halving is some how around the corner like two years from now and we can expect another massive bull run
If they continue to doubt, ignore. If they ask for an opinion when to buy, ignore. Because if you make a mistake and price goes lower, they will blame you. If you give them an opinion when to buy, they will laugh at you. Some people laughed at me with this when I said Bitcoin MIGHT crash to the 200-weekly SMA line within the year. That's currently $21,858.63. |
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Let me add one more
Do not trade with shitcoins
If you trade with shitcoins, it can be the beginning of losses, if the trade does not favour you, you could have lost most of your trading funds until you realize what shitcoins are.
Some coins are also just like not rising during bull run but continue to be stagnant or fall, until the bear crypto begin and the shitcoin continue to fall more than others. That would indeed be a pain in the ass.
90% of plebs who day trade/swing trade shitcoins LOSE money given enougn time. Plebs will sometimes make some profit, but later, plebs will lose them back to the market. I learned it myself, the HARD WAY. I lost months and months worth of savings before I stopped, and started buying the Bitcoin DIP, and HODL since 2019. It's good for your pocket, and your sanity. |
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If they did, then that I believe, would make sense for WasabiWallet to accept the trade-offs to protect its users. They are making the trade off to protect their profits, not their users. That's merely part of it. They want to protect their own reputation too, and to maintain the users' trust, or what's left of that trust. Plus Wasabi isn't just a CoinJoin service, it's also a wallet where people hold some of their Bitcoins. |
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What do you think about my plan?
It's your decision, and it might actually be a good decision. But for a stupid pleb like me, I have all of my bids ready near the 200-week SMA line, which is currently $21,733.49. The price is moving to some point that makes a crash to, or near the 200-week SMA line more and more possible, and it always touched the line during bear cycles. I believe it could be as early as next month, or as late as 2023. |
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We made our points, and out of respect to all of you, let's just agree to disagree.  Did nopara73, or someone from the core Wasabi team know something about the U.S. government's sanction on Blender.io? If they did, then that I believe, would make sense for WasabiWallet to accept the trade-offs to protect its users. I hope it won't be another witch-hunt like the Canadian government did to the truckers. |
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What do you think about the Federal Reserve System meeting?
Is there any chance that bitcoin will fall as the dollar strengthens if they decide to raise interest rates?
We've seen the effects just now, in the 4 hour timeframe, Bitcoin goes down hard as they Feds are going to increased the rate hike to fight off inflation. So this is a negative news not just for crypto investors, but for the whole financial market as well. The result? all of them went down hard, Nasdaq, crypto, S&P. So it just shows that we have some kind of correlation with other markets as well. So the last push to $40,000 was just a bull trap and for sure maybe some of us get caught very bad by this action. Zoom out to the start of the year, or zoom out and start during November, 2021. It has been pricing everything in. Everyone in the Economics subforum has been talking about inflation caused by BRRR-money printing since 2020. We are currently feeling the effects right now. BUT, maximum zoom out, what does everyone think Bitcoin has truly been pricing in? |
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I sometimes think only the rich people should be gambling but in reality it is the exact opposite. Rich people almost never gamble but poor people gamble with the money they don’t own. This is a pretty sad case. Rich people only play the games which they will win. It is not a surprise, that's how they get rich. it is not a "rich person" approach but it is the correct approach in gambling! or not to care about the amount you lose, but play a figure that you can lose without the slightest regret, without even taking it into account in your spending budget! A truly rich person approach would be to own the casino in which you are gambling in, using the money you earned from the plebs to earn more money. Although the owner shouldn't be winning all the plebs' money all in one session of gambling. It should be done softly, and slowly. I believe it's the same with centralized cryptocurrency exchanges. Has anyone suspected that the operators of some exchanges might be taking the other side of the trade against you? In casinos, at least you know you are playing against the house. |
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https://cointelegraph.com/news/happy-birthday-hal-finney-crypto-community-honors-world-s-first-known-bitcoinerYesterday (04 May) it was the birthday of Hal Finney. First bitcoiner, true legend... The initial post written by Hal, let me tell you, is the most exciting of the whole forum. His message, his story, is touching, something human, out of the ordinary, prophetic, brilliant and unique. As if describing the flame of a candle, in its colors, in its strength ... and how a candle cannot last forever. He has dedicated his last thoughts to this creation essentially give importance to the utopian value of such a creation and not the economic implications. We should do this too. We can all be better people beyond our role in modern society. It's too bad that Bitcoiners like him, people who are most knowlegeable and who has the most invaluable insights in cryptocurrency networks as a whole are gone, or have left the forum. It would have been very nice to be guided by them. Plus the first pictures I saw of Hal Finney was him already wheelchair-bound, sick with ALS. I believe many people did too, and were probably also truly surprised to learn that he ran marathons, and that he was very active before the sickness.  |
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I don't know if anyone here is familiar with Color Game. It is like you need to bet on a specific color. It only has 6 colors to bet on and there are 3 cubes with multiple colors that you need to bet. Your money will be doubled if one cube is match in your bet (if 3 cubes are the same color as your bet, you will win 3 times). I know some of you are familiar with this and also, I just saw an app of this but haven't found so far as I know that there is online betting about this. This game is really simple and fun for me and I really like simple games that you can win also easily.  I remember this game is famous here in the Philippines where you can visit this kind of game into local fairs in the country. The funny thing is, the game is completely random and a lot of people participate here! The bet can also be relatively low compared to gambling establishments and I usually bring around p500 ($10) and win like p1000 ($20) at the end of the day. I really hope that this kind of game can be implemented digitally in an online casino. The game looks really fun and it somehow reminds me of the times where I used to visit local fairs back in high school. Yup, even below 18 years old can participate and play this game! That's why we have many "gambling addiction and what to do" topics everwhere the gambling subforum. Hahaha. But that game indeed looks fun and interesting. I believe it's the right time for Bitcoin casinos to include such games which could give them a fresh list of new games. They can also make a part of their casino/app a "carnival concept" to attract new types of players. Do you have a link where to get more information about that cube game? |
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You're not getting the right context, and missed the actual point completely. If you're merely a casual user/newbie who simply wants to use a mixer without the risk of tainting your coins, where can you go? What can you use?
Every time a casual user or any other type of user sends bitcoin or receives payment on their wallets, they are risking to taint their coins. Using "compliant" CoinJoin pseudo-privacy solutions like Wasabi Wallet won't help them escape being touched by dirty coins and will make things even worse because, from the standpoint of chain surveillance companies and other parasites, any CoinJoin transaction is always more suspicious and risky than any non-CoinJoin. It is because they deem suspicious everything they can't trace. You're right, and a tainted wallet owned by a nefarious user can send dust to thousands of other wallets to taint them, but that reply also got the debate out of context. I believe everyone is just trying to debate the debate because they disagree with Wasabi's new policy. From an idealistic standpoint, I understand, but from another standpoint, it's a trade-off. Users with tainted UTXOs can always use other mixers. Although you're also right, the simplest and most efficient solution for users who are, not criminals/have nothing to hide, are not mixers but centralized exchanges.
A centralized exchange is the simplest and most efficient way to swap your clean coins for taint coins legally. Can you tell for sure that all 100% of user deposits of tainted coins will not be confiscated by centralized exchanges? Is it 100% without risk to use the dark market to sell Heroine and send your UTXOs directly to Coinbase?
You're not getting the right context, and missed the actual point completely. If you're merely a casual user/newbie who simply wants to use a mixer without the risk of tainting your coins, where can you go? What can you use?
The correct answer is nowhere because every chain analysis company that I've seen has a section for CoinJoins and considers such transactions as "tainted" which means using Wasabi would also introduce "taint" into their coins even if all the participants had 100% clean coins. From that point of view, you're saying that just because someone mixed his/her clean UTXOs with other clean UTXOs in Wasabi then suddenly it's tainted? OK. You are taking it way out of context.
What you need to remember is that "taint" is a fake concept created by chain analysis companies. At some point in the future they could even start claiming that "any coin they can not deanonymize is tainted".
I know, I was the one who debated that taint doesn't exist in the blockchain. I believe it was a long debate with my best friend franky1. But from a practical standpoint, for a person who merely wants to mix his/her coins without the risk of the "taint", I believe the trade-offs accepted to use Wasabi, if he/she truly wants to use CoinJoin, is OK. Less risk. |
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This is off-topic, but I don't want to start a whole new topic just for this. It was Hal Finney's birthday yesterday. Happy birthday! I didn't know him personally, nor have I interacted with him anywhere, but I wish I did, I probably would have learned many things from him. The real knowledgeable Bitcoiners are gone, or have left. |
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That if someone who knows he has clean UTXOs simply wants "a little" privacy without the taint, Wasabi would be the better choice than choosing a mixer that will comingle his UTXOs with Mr. Heroine Dealer's UTXOs.
I disagree. People who don't care about their privacy don't normally look for privacy improving techniques in first place. Besides what you are saying is just an illusion of privacy not actual (a little) privacy. If anyone just wants mixing (eg. they want to prevent regular people from knowing their coins) they could just use the centralized exchanges they are already using to do that. You're not getting the right context, and missed the actual point completely. If you're merely a casual user/newbie who simply wants to use a mixer without the risk of tainting your coins, where can you go? What can you use? Although you're also right, the simplest and most efficient solution for users who are, not criminals/have nothing to hide, are not mixers but centralized exchanges. |
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I like to see more PVP games in a casinos wither 1V1 or 2V2 because that is where the online casinos lacks so that games still controls the majority of such peoples without actually getting any rewards in the form of fancy mobile game names. Even games like Among Us can be in a casino with lesser rewards so people are not going to waste their time.
For PvP games, maybe cockfighting or any similar animals vs animals would be up to your liking? Cockfighting was super popular among SEA like the Philippines, Vietnam, and also China as well. I saw Latin America also have taste for this kind of PvP between animals. Tho, it's hard to see a fair game without 'fixed' in those games on online gambling sites. Cockfighting is not pvp. It's watching two chickens fight inside an enclosed area, while people who watch it bet on it. I believe he was saying an actual pvp gambling game like poker. Although a virtual cockfighting game would be a very good idea. A game where you could take care of your virtual fighting cocks and get them ready for fighting, like play to earn. Hahaha. Cockfighting is an actual sport in some parts of the Unted States too, like Texas. I believe it's also popular in Mexico. |
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There was a psychological study that addicted gamblers actually want to lose, not win. They are addicted to the feeling of losing then winning. It's a dopamine kick, it's not necessarily about earning the money back.
although I never studied psychology but it seems this is true, I have a friend who is addicted to gambling, he doesn't care about his losing money, he only cares about winning bets when he is in a losing position. Gambling addiction is a serious problem, it needs special treatment from psychiatrists to change gambling addicts. I don't believe the problem is actually because of "gambling addiction". It's just that there are certain people who probably have a chemical imbalance in their brains that's depleted of serotonin/dopamine which them makes them more susceptible to "crave" gambling because it releases more dopamine that they need. The problem might be genetic. Because truly if the problem was only about "gambling", then everyone would be addicts. |
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It is difficult to say the true value of bitcoin and cryptocurrencies, because everything is very dependent on the community, as long as there is stock and demand it determines the value of bitcoin, and we are happy because the bitcoin community continues to increase so that demand also increases.
Ser, believe me Bitcoin has real value, especially if you're a pleb in a world evolving into a society that will use CBDC as the main currency. I would also debate that politicians too will want to HODL Bitcoin because of CBDCs. I know you don't currently understand, but welcome to your journey. In a CBDC world, Bitcoin will have perfect product market fit. The solution came before the problem, wait for it. |
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I believe OP lost nothing but his $3.00 and only wasted some of his time. Plus he merely lost the "people's money" back to the people. We couldn't say if the money "lost" was truly "hard earned" or not, but technically you gambled for it, it's still in your account, and you still use it to gamble again, so that money you held was fair game. I sometimes think only the rich people should be gambling but in reality it is the exact opposite. Rich people almost never gamble but poor people gamble with the money they don’t own. This is a pretty sad case. It depends on the gambler most of the rich people manage their money properly and know what they afford to lose in the gambling we know they are capable of doing it because they have a large number of it. Some of the gambling addicted already make a win and they want to try it again and some of them are already lost a lot of money and want to earn it back. We know how gambling makes a risk. It's all about high-risk rewards depending on the luck and players' strategy. There was a psychological study that addicted gamblers actually want to lose, not win. They are addicted to the feeling of losing then winning. It's a dopamine kick, it's not necessarily about earning the money back. |
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<Snip> I get your point and I understand what you are trying to say. However, I hope Wasabi will lose their customer base and people will switch to other services, which won't cooperate with blockchain analysis firms of their own free will. Let them turn into a service for institutional investors if they want, who cares. That's another debate, and no one can blame you for your viewpoint. It's very understandable, and something that should be respected. my point is that newbies might be better using Wasabi if all they want is a little privacy without risk of tainting their coins which might make it a problem for them when they send them to exchanges. And we're telling you, a page now, that what you're describing is oxymoron. On the one hand, they want to obfuscate their outputs so they can hide their purchases from their wives and employers. On the other, they'll deposit their coins to centralized exchanges, because... They're clueless? That isn't the point ser. The point is about the tradeoffs. That if someone who knows he has clean UTXOs simply wants "a little" privacy without the taint, Wasabi would be the better choice than choosing a mixer that will comingle his UTXOs with Mr. Heroine Dealer's UTXOs. |
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[edited out]
It was merely a shower thought, don't take them seriously. Anything that you post is fair game, whether you believe it to be trivial or not. Plus I'm the stupid one in the forum, you know that. Hahaha.
Fair enough. I won't argue with that.  You simply can't. Back to our favorite sport, talking about/debating/guessing Bitcoin's price, I believe the next bear narrative might be guessing when and where the DIP might end to find a good price-point to start buying, instead of the old "Bitcoin is dead" narrative which was common during the last bear market.
Well, yeah. It does seem that the proclamations about bitcoin going to zero are seen way less regularly, and perhaps it is becoming much more difficult to either believe those kinds of projections or to even figure out ways to say such a thing without looking like a total nutjob. I do believe one of the better ways of denigrating bitcoin does end up being when bitcoin is not differentiated from the many retarded, scam, smoke & mirror, "crypto projects out there.. not sure if there is any need to name the so many variations of such deceptive projects and the ways that bitcoin is lumped in with that crap - while at the same time, there is some truth to the various claims that bitcoin had enabled (and maybe even continues to enable in some indirect ways) the abilities to carry out so many ways to lull people into not really necessarily knowing the differences, but then even perhaps getting invested in some kind of way.. mentally or financially into the so many ways that technology is adapting in the real world. Regarding bitcoin, for sure in the past couple of years, if not longer, with the exception of March 2020, there have been quite a few struggles to even get the BTC price down to the 100-week moving average, and currently that 100-week moving average price is nearly up to $35k, and even in June/July 2021 when we got down to $28,600, the 100-week moving average was at about $20k, so surely the 100-week moving average has continued to hold up pretty well in the past couple of years, and perhaps it had not really been breached since March/April 2020 when it was at about $7,200 at that time. You can see the historical 100-week moving average prices here. I am not saying that the 100-week moving average might not end up breaking, and surely we seem to be getting quite close to it - because it continues to slowly move up to higher prices, yet I would not be putting any kind of meaningful value in terms of either believing that it has to be met - even though we surely do continue to have a lot of worrying macro-events ongoingly taking place as well as the seeming precariousness of the juggling of various fiat systems (possibly better known as bubbles?). I continue to argue that the 100-week moving average tends to serve as a bottom price for corrections during a bull market, and perhaps the fact that the 100-week moving average has not really been preached for nearly 3 years (absent the short-lived March 2020 liquidity event) supports the theory that we have been in an ongoing bull market since 2019... while at the same time, the use of those kinds of longer term moving averages, such as the 100-WMA.. does end up serving as a lagging indicator to tell us where we have been rather than where we might be going, so in that regard, if the 100-week moving average ends up getting breached for a decent amount of time, then we might be able to proclaim that the bull market may well be over and we are in a bear market - for however long that new status of a bear market might end up lasting. So, then the 200-week moving average becomes the likely extreme bottom for when we end up being in a bear market, and currently the 200-week moving average is just moving above $21,500. You can see the historical 200-week moving average prices here. For sure since early 2021, there have been quite a few folks proclaiming that bitcoin has to get some kind of a correction back down to the 200-week moving average, and holy shit.. the 200-week moving average has more than doubled in the time that those proclamations have been being made.. Even though quite a few more finanancialization tools have been introduced into bitcoin (including but not limited to futures/options products) that have been allowing for the naked shorting of bitcoin, so there is likely some truth to the matter that some of those tools can be effective in keeping bitcoin prices down. Historically, those same kinds of tools have been successful in keeping PM prices down ( such as gold), while at the same time, bitcoin is a different kind of asset than PMs such as gold in terms of the ability to easily claim possession and to verify it without expensive third-party processes.. so in that regard, some of the bitcoin shorters and those who do not have the bitcoin that they proclaim to have (or that they are using in their various bets) may well get caught with their pants down in terms of their inabilities to cover the value of the coins that they are betting as if they had them.. which are ultimately client coins.,. but if they do not have them to give to clients, then there could end up being some pretty BIG wreckenings that are not are not really resolvable.. and maybe even some of the institutions/governments might not be ready, willing or able to cover those kinds of games that rich folks believe that they can get away with largely based on the fact that they have been getting away with that kind of fuckery for a decently long time.. ... so surely who knows if such wreckening scenarios will end up playing out or not.. even though I personally believe that there continues to be greater dangers in bitcoin than in other asset classes for the rich and/or even governments to be fucking around with trying to hold bitcoin prices down through those kinds of financial instruments (or even new variations) that have worked for them historically. I suppose that my punchline is merely just to watch one stage at a time and perhaps there continues to be some questions about whether the 100-week moving average is going to be breached.. and if it is breached, does that 100-week moving average start to serve as resistance (rather than support) which largely would just mean if the BTC price were to be able to stay below the 100-week moving average for any kind of meaningful length of time beyond a few weeks, that is if it even were to get there. I have my doubts, but I don't want to be caught off guard in terms of presuming too much regarding where the BTC price might go and how long it might stay there. The difference that I was pointing out is, there was a narrative change during the bull phase which started during 2020 after the pandemic crash. Because during this current bull phase, the institutions came in, Elon Musk came in, Chad Saylor came in. The anti-Bitcoin trolls can't make an argument that Bitcoin "is dying" when the next crash arrives. They simply can't anymore. Plus there are also other narratives, like the tens of thousands who came in here to "be rich". Some of them will eventually understand, and truly learn about Bitcoin. They will learn the importance of running a node, even if they will not run a node. Because if indeed they find themselves to be in an adversarial environment that forces them to run a node, they can do it. |
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I would like to see more Binary Options games based not only on the price of Bitcoin, but also more based on the high volume markets for altcoins with different time frames, not just for the next 15 minutes. I believe price speculation/guessing will still be the community's "favorite sport" for many years. HODL Bitcoin, and just let plebs like us gamble responsibly on price for minimal amounts.
That is also good maybe something like what is on the Binance app the bulls vs bears games where they will find you a match against other users and whoever lose the game they can get the other players bet. I think that was a good game too. Player vs. player for Binary Options would definitely make a very good game for Bitcoin casinos! Do you have the link exactly where to play it in Binance? I am looking at the site right now, I cannot find it. Plus does the exchange require KYC for small deposits, and withdrawals? I never heard of any bull vs bear games on binance. Are you talking about the Leveraged Tokens: BULL, BEAR, ETHBULL & ETHBEAR on binance? Those are actually not games but are Leveraged Tokens which can be traded on the exchange. If there is bull/bear game at binance, then i woud also like to know more about it. Please carefully read the quoted posts, and check who suggested Binance's "Bull vs. Bear" games. Because it surely wasn't me ser. I was talking about simple Binary Options that users can bet whether Bitcoin's price will be above/below a certain price-point, and a certain time, against the house. I believe the standard time duration is 15 minutes. But Bitcoin casinos can take it further to be more acceptable for many users by making us choose different time settings. |
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Would it be possible for a Bitcoin casino like Blackjack.Fun to build and release a Binary Options game, that we could use to pick if Bitcoin is above/below a certain price point, combined with picking a point in time when the user thinks it will happen? The game can also be made player vs. player with another user can bet against your price point and time. I believe such a game can be very popular among plebs like us.
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